StorageCraft to merge with data and ransomware protection provider, Arcserve
StorageCraft has signed a definitive agreement to merge with data and ransomware protection provider, Arcserve.
Once completed, the merger of the two companies will form a comprehensive global provider of data management and protection solutions for organisations spanning from SMBs to the Fortune 50.
"The merger will solve the growing market need for a single source to manage and protect workloads throughout the data center, cloud, SaaS applications, and at the edge," the companies say.
"With expanded geographic reach, the industry's broadest product portfolio, flexible business models, and magnified innovation footprint, the merged companies will bring extensive market and revenue opportunities for MSPs, VARs, and distributors."
Combining capabilities will create a comprehensive product suite that addresses the vast majority of use cases and business continuity challenges. With total global data storage projected to rise as organisations generate more data, and with cybercriminals expected to continue their unrelenting attacks this year, organisations will be able to choose one vendor for a single, agile ecosystem to manage data workloads in all environments and to protect and recover data in the event of cyberthreats, human error, and natural disasters.
Organisations of all sizes will be able to rely on a single partner to protect current and evolving data infrastructures with a solutions-based portfolio that spans DRaaS, BaaS, SaaS protection, hybrid and converged data management, direct to cloud data protection, and workload migration to the cloud - or any other infrastructure.
Significant value for MSPs, VARs, and distributors
As two 100% channel-focused organisations come together, the merger will create meaningful new revenue opportunities for partners worldwide.
The significantly expanded portfolio will simplify the selling process with solutions, services, and support from one vendor while also providing diversification to help partners expand addressable market share, scale revenue, and create margin opportunities.
Flexible perpetual license and subscription business models will further optimise market and revenue opportunities and enable friction-free commerce.
Accelerated investment for future infrastructures and next-generation data workloads
Arcserve and StorageCraft will continue to fully support and invest in their existing solutions. In addition, both companies will increase investments in R-D and combined IP, which will strengthen both companies' product portfolios.
Channel partners and end-users alike will see rapid innovation for continuous data availability across every platform and location. This will enable a seamless evolution from current to next-generation infrastructures and data workloads, including hyper-converged, multi-cloud, containers, edge infrastructures, and next-generation cloud data centers.
Following the merger, StorageCraft will be branded 'StorageCraft, an Arcserve Company,' and the merged company will be united under the leadership of CEO Tom Signorello, the current CEO of Arcserve, and president Douglas Brockett, the current president of StorageCraft.
"Companies in every sector are looking to modernise their infrastructures amid unabated cyber threats and global changes that have altered the way they must protect and manage data," says Tom Signorello, CEO, Arcserve.
"This merger will place us at the forefront of filling a massive market gap by supporting all workloads in every environment with one ecosystem," he says.
"No longer will organisations require ad-hoc solutions that only add to the complexity they are trying to solve. We will be better placed than any other vendor to be ready as new workloads arise and infrastructures evolve – providing certainty today and in the future."
"Following the completion of the merger, the scope and scale of our combined businesses will allow us to bring a dramatically broader portfolio of solutions to market," says Douglas Brockett, president, StorageCraft.
"At the same time, it expands the resources with which we can serve our customers and ensures we grow hand in hand with our channel partners."
The combined Arcserve and StorageCraft solution portfolio will be available through channel partners and distribution.